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Finance / the Economy

Energy prices sink lower despite strong GDP growth

Energy prices sink lower despite strong GDP growth

Jan 29, 2010 at 22:39 | Darrell Delamaide

Crude oil futures slipped below $73 a barrel for West Texas Intermediate late Friday as a temporary boost from strong GDP figures failed to last and let prices sink to…

Save The Middle Class While Fixing the Banks for Good

Save The Middle Class While Fixing the Banks for Good

Jan 29, 2010 at 16:22 | Michael Pento

While I’m disgusted with the level of banker’s bonuses and with the obscene leverage practices financial institutions undertook, I do not think the answer to how we clean up…

The Tepee Shaped Recovery

The Tepee Shaped Recovery

Jan 16, 2010 at 03:25 | Michael Pento

The shape of this economic recovery will not be in a “V”, as many pundits have promulgated, but instead may be the inversion of that letter…which will unfortunately look much…

Lending Takes Another Teeth-Kick

Lending Takes Another Teeth-Kick

Jan 15, 2010 at 16:14 | Dave Forest

The "Financial Crisis Responsibility Fee" dropped today on Capitol Hill. The odd-sounding measure ("You've caused a financial catastrophe. That'll be $8.50 please.") is the Obama government's latest plan to recoup…

So You Think You Can Debase a Currency

So You Think You Can Debase a Currency

Jan 07, 2010 at 16:44 | Dave Forest

Yesterday I visited the nicest public pool I've ever set trunks in. The place was airplane hangar-sized. Giant hot tub. Towering waterslides. A float-along river for the kids. All this…

Unstimulating America - How do you Undo a Trillion Dollars?

Unstimulating America - How do you Undo a Trillion Dollars?

Dec 23, 2009 at 23:45 | Dave Forest

That question has been on the minds of leaders and financial thinkers worldwide, since the financial crisis broke last fall. In response to falling asset prices, governments around the globe…

Death of the Dollar! Is the end of the Greenback Truly at Hand?

Death of the Dollar! Is the end of the Greenback Truly at Hand?

Oct 17, 2009 at 17:10 | Dave Forest

There were a lot of reports this week about the demise of the dollar. Is the end of the greenback truly at hand? Or are reports of the dollar's death…

Keeping our eyes on the ball

Keeping our eyes on the ball

Oct 13, 2009 at 17:40 | Brian Bloom

Question: Can the debt mountain keep on growing to the sky or will we eventually see a landslide collapse? Answer: The evidence in the USA (continuously rising unemployment…

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